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to new york to get a look at the damage caused by sandy. >> he made a tour in marine1 before he went down on staten island. >> reporter: up close and personal look at the devastation for the president of the united states. the damage on hard hit staten island is everywhere. what you can't see is the internal struggle so many new yorkers are facing. >> i had the opportunity to give some hugs and give thoughts and prayers to the moore family. they lost two young sons during the course of this tragedy. >> reporter: the president said the federal government will be part of the rebuilding process. new york governor is requesting $30 billion in aid. >> there is still a lot of clean up to do. people still need emergency help. they still need heat. they still need power. they still need food. they still need shelter. >> reporter: progress is being made on staten island but at a snail's pace. >> we don't know anything right now. >> reporter: the national guard is a sifting with clean up but the long time residents want to know when the help will come. >> we need shelter. we need heat. we
the damage on staten island from superstorm sandy. also during his news conference yesterday, obama said he would refuse to accept any extension of the bush era tax cuts for the wealthiest americans and talks of averting the so-called cliff -- fiscal cliff. >> we cannot afford to extend the bush tax cuts for the wealthy. what we can do is make sure that middle-class taxes don't go up. we can eliminate loopholes, deductions that have a distorting affect on our economy. i believe we have to continue did take a serious look at how we reform our entitlements because health-care costs continue to be the biggest driver of our deficits. so there is a package to be shaped, and i'm confident folks of good will in both parties can make that happen. >> the oil giant bp reportedly has agreed to pay record criminal fine for the 2010 deepwater horizon oil spill in the gulf coast. according to reuters, bp will plead guilty to criminal misconduct and him as a penalty that will surpass the $1.3 billion record held by the drug giant pfizer. it reported settlement could be unveiled as early as today. the euro
to affect areas hit by sandy. trends are off shore. things are looking nice as we approach the holidays next weekend. let's talk about what's happened out there. i mentioned that there was an amazing northern lights show going on. this is a picture from the top of mount washington. one of the highest spots in new england. 6,000 feet in new hampshire. there's a weather observatory where they do 24 hour weather observations and they have these amazing images of the northern lights. it was a great show from michigan all the way through vermont and maine. this image captured it well. as far as what's going on out there, not much. nice quiet weather period across the country. another chilly start in the 30s for many people, even the 40s in the deep south. it's a cold, dry air mass pretty much covering much of the nation. doesn't have a lot of tropical origins to it. it's a polar air mass. the only area of rain that we have is down here in the southeast. it's a pretty good solid shield of light rain, even lightening strikes from georgia into south carolina. now trying to go up to wilmington and ar
superstorm sandy. we will bring you the latest later. also, christmas is just around the corner. if you haven't booked a flight yet to grandmas, don't fret. affordable last-miminute hol gerri: well, the irs. issuing a warning that if congress doesn't act soon to address the fiscal cliff and the alternative minimum tax hats, tens of millions of us could be hit with a very large tax bill. we also might not be able to file later. so expect major delays. my next guest is doug. i can't get over this whole story. we have a fiscal cliff. the amt is just a small part of that. but the irs is saying that we are going to change or computer programs because wreally don't know what's going to happen. it could be chaos out there. >> they are expecting that they will find a patch. gerri: the past means they don't have to pay this. how many people would be on the hook, and what would it mean for them? >> there about 4 million people that are effective, that would go up to 30 some odd million people. about 20 million people would not be thrust into this. and if you remember, this is going back to 1959 and 197
belonging to a world war ii vet washed ashore after hurricane sandy. officials at west point were notified. they did some digging and now they plan to clean and return the jacket to the 98-year-old widow of the soldier it belonged to. she'll be happy about that. >>> well, in sports, we begin with some action in the nba. memphis won its sixth game in a row as rudy gay of the grizzlies put on a show against oklahoma city, scoring 28 points in a 107-97 victory over the thunder. >>> in college basketball, eric murphy of number ten florida was a perfect 10 for 10 from the field for 24 points as the gators pulled away and rolled over number 22 wisconsin 74-56. >>> all right, some baseball. tampa bay's david price was named the cy young award winner with 20 wins this season. and it was 38-year-old r.a. dickey who won 20 games for the mets who got the national league cy young award. he is the first knuckleball pitcher in baseball history to win the award. >>> american swimmer missy franklin of colorado won four gold medals at the london olympics and holds the world record in the 200-meter backstro
. in today's cover story, a quarter of a million cars left water logged by superstorm sandy. why car buyers need to check under the hood. plus, tax talk. president obama insists on raising taxes on the wealthy to bring in revenues. why the plan may not fly with republicans. signs the stock market may be out of tune or one company. and, a couple of surprising stocks that stood out in yesterday's sell-off. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's thursday, november 15th. i'm angela miles. in today's first look: traders will likely react to earnings today from walmart and target after getting clues into how the consumer is holding up. yesterday the market took a plunge. the dow fell nearly 200 points. stocks dropped on fears washington will be slow to break out a workable budget, the fed hinting at the need for more stimulus, and air strikes in the middle east. reports say the federal housing administration is close to running out of money reserves as mortgage delinquencies rise. gm set a goal of prod
the jackson family the elusive sandy jackson appears before residence in her ward tonight working she says while her husband remains in minnesota being treated for his bipolar disorder while she may have the worst record for attendance at city hall cindy jackson claims that she's working through the hard times right now by working for the seventh ward after reports about the fbi investigating her to she says this in an exclusive interview tonight. >> tell us about the federal investigation, which you can share on the record. >> there's nothing i can share on the record. this is the first time we have heard from mrs. jackson since reports surfaced that she is under federal investigation like her husband. tonight she makes it clear that work is where things are going even though city records show that she has missed more city council meetings than any other aldermen. they're concerned about how they will see and educate their children and how they're going to get employed especially if they're unemployed. this week she says that she is held a meeting with 20 + constituents about the former
to challenge that. lori: the president on the ground in new york. surveying the aftermath of hurricane sandy. melissa: mf global and its not so former ceo john corzine fall. we will have a first on fox business interview about that. time for stocks now as we do every 15 minutes. nicole petallides is standing by. the dow hovering within an 80-point range today. nicole: when you think about what is going on with this market, you have seen selling since the election basically. we are down six of the last eight weeks. majority of the dow opponents have come under pressure. the vix, the fear index, to the upside. i cannot tell you how many people were asking me about today's jobs numbers. obviously, we have had hurricane sandy to contend with. we have our bed numbers then and they were also disappointing. we are still remaining under pressure. lori: the fiscal cliff front and center this week. rich edson is in washington with the latest. rich: since the election, they have been staking out their opening fiscal cliff positions. for the president and democrats, increase taxes on those earning more
last night we told you this year's rockefeller christmas tree had survived sandy in the new jersey suburbs and was being cut down by a nice man. well, this morning, we looked out the window and it was being put up. we all hope that dad made sure the base of the tree was in the stand straight this year either way it will be lit on november 28th. >>> and the high intensity tv chef with the spiky hair highlights, and the food show, and the fancy car celebrating american food has been ripped apart for the food he is serving at his new restaurant in times square in new york. in perhaps the nastiest and most sarcastic restaurant review ever, the new york times joined others criticizing the place, criticizing him as a chef, and saying it was not a proper restaurant, criticizing the drinks, the food, among other items such as the drinks others were worried about food poisoning and warned of food that tasted of asphalt. we reached out to guy fieri to get his story, but for now he declined comment. >> and now something a big more abstract >>> and this is about a painting, you either like the
for sandy victims. just bring an item to the restaurant and all the food donates will go to new jersey, new york and maryland and the event goes from 9:00 this morning until 9:00 tonight. >>> and a handful of gunmen are on the loose this morning. they were involved in a triple shoots earlier this week. that left two brothers dead and their mother hurt. now we told you about this story yesterday morning. now we have more information. detectives believe that the shooting was part of a targeted home invasion. however, it is unclear who the culprits were looking for at the time. they broke into a house on west lafayette street late tuesday night. the mother is expected to be okay. police say they are searching for more than one suspect. >>> this morning a woman is suffering from serious burns to more than half of her body. this after being trapped in a massive house fire in reisterstown yesterday. we brought this to you as breaking news on "good morning maryland" throughout the day. it took 60 firefighters to put out the flames that destroyed the home. investigators are still trying to figure o
to get back in sync but nothing compared to what we saw with sandy. connell: getting back to normal is the latest on this from united after the computer glitch. thanks. dagen: israel moving troops south after the latest conflict in the gaza strip. does this spell greater unrest in the middle east? connell: the founder of five our energy is here answering questions that have come up in a report that this energy drink may be linked to 13 deaths since 2008. this is the response from the company but first let's look at oil today. we will have a lot more talk about oil throughout the hour, $86 a barrel. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. connell: former cia director david petraeus testifying tomorrow morning in front of the house and senate intelligence committees about the attack from the consulate in benghazi. and the number of things this morning, secretary of state hillary clinton, and
this. storm victims from sandy, homes destroyed. yet, you know, bank -- you still have a mortgage. and have to keep paying it. do they? judge napolitano on that, after this. >> we got off the phone with bank of america, they told us they can only freeze the mortgage for 30 days, we do not know what shaping with that. >> staten islander, michelle, telling me, she is frustrated her bank is not helping more after her home was destroyed. not as if bank of america did not know what was going on there. thousands of others, in the same ship, judge napolitano on if banks of obligated to show compassion. hhe is the steven king of all things historic, do banks have that power? or do they have to be -- >> well, my heart goes out to them all in long island. and the jersey shore that suffered. but if you borrow money from a bank, you owe them money back even if the collateral for that loan has been destroyed, if mrs. zito has a mortgage with bank of america, and her house is now uninhabitable, what can she do? she is walk away, let the bank demolish the house, and rebuild,. neil: her credit is
sandy left in new york and made an announcement. this man on your screen, shaun donovan named him house secretary, named house secretary, the point person on the federal level for the rebuilding effort so shaun donovan gets all the complaints and phone calls but at least there is somebody who is the point person and this moment and we are watching the cost of the cleanup continuing to mount along with the displaced debris, piling high, it is two stories high at one location in queens, new york. liz macdonald was right there in queens. liz: that is right. this normally is a beach area. now is a mile and a half, temporary but new and stunning landfill with some really shocking images of debris from 11 or 12 pounds in the ariane and the business district ending up here. looking in the distance using lawn chairs and photo albums and santa claus statues, christmas toys, children's toys, children's car seats. of truly heartbreaking scene out here and as we have been here throughout the day this file is reaching three stories high. it has 350,000 tons which is the weight of the u.s. space stat
two and a half. unbelievable. superstar sandy sending weekly jobless fans to their highest level in 18 months. weekly applications jumping 78,000. this works out to 4,309,000 with several states in the mid-atlantic and northeast regions reporting large increases do specifically to the storm. liz: earnings per share year-over-year jumping. let's get right to add of shapiro and the stock moving steadily higher on news. >> reporter: on our earnings per share they came right in line with wall street expectations. on revenue, this street was expecting almost 4 billion. i want to read you very quickly, total net sales increased 23%. 500 million in the quarter compared with four under and 14 million last year. net sales outside the united states and canada which includes gap think and franchises increased 7%, and i talked a bit about opening the first of a store in china which took place in september. they donated $1 million to the hurriccne sandy relief funds. liz: a year ago get him with $0.38. so to see $0.63 year-over-year property did during tough, challenging times. let's bring in larry
to new york a couple of weeks after surveying damage >> we are back with the latest of sandy's aftermath. president obama will head to new york. >> accounts a couple of weeks of revisited the new jersey shore. today he is going to staten island. >> the governor says he will request $30 billion in federal aid to rebuild after sandy. >> for any people still lingering without power, at temperatures of in the upper 30's right now. 41 in dc. you can see the cold air of to the west. we have a big disturbance to the west and the south. cloud cover this morning. a brick behind it. we will see more cost move in light tonight. partly sunny today and on the call side. we will stay in the low to mid 50's for the weekend. that storm looks like it would not happen for us. a cold front will pass through as a result of. that is about it. >> good morning. we have an accident in montgomery county on the inner loop of the beltway. it is after river road before you get to the exit on 270. not seeing a delay right now. that is there as you head northbound or eastbound on the inner loop of the ball to a cross
companies on their handling of hurricane sandy. this is the "cbs morning news" for thursday, november 15, 2012. good morning. thanks for joining us. i'm duarte geraldino. the sex scandal that forced cia director david petraeus to resign is widening. here's what we know. petraeus' mistress paula broadwell sent emails to petraeus and other senior military leaders besides general john allen. he's the top commander in afghanistan. meanwhile the fbi agent frederick humphries who launched the investigation of emails is being investigated by the fbi for his role in the case. specifically why he took concerns about this case to republican members of congress. house and senate panels are expected to meet again today with fbi and cia officials. they want to know whether national security was jeopardized and why congress didn't know about the investigation sooner. during a news conference on wednesday president obama praised david petraeus. >> general petraeus had an extraordinary career. he served this country with great distinction in iraq, in afghanistan and as head of the cia. by his own assess
sandy? sandy is the day to do it. how a sandwich request make a whole will have -- can make a whole lot of it. >> we don't have a whole lot on the radar this morning but temperatures are cold. hunt valley 39 degrees under cloud i can conditions. don't go anywhere -- cloudy conditions. don't go anywhere, "good morning maryland" will be right back. hey, look! a shooting star! make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. on any new volkswagen. those spots are actually leftover food and detergent residue that can redeposit on your dishware during the rinse cycle. gross. jet-dry rinse agent helps wash them away so the only thing left behind is the shine. jet-dry rinses away residues for a spar
sandy in the borough of queens in new york. >> there's people who have been without attention for a long time. some with, some without running water. definitely without power. you know, so as time goes, it gets worse. and i'm afraid if we don't like, really get this situation under control. >> brown: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: israel and the militant group hamas slid closer to all-out war today. the israelis blasted gaza with scores of air strikes, and the palestinians said 16 people were killed there. hamas and its allies fired more than 200 rockets and even stru
. >>> this hour, the president tours the disaster area from hurricane sandy. first from the air, then on foot. the first numbers are out now on how sandy is already taking a bite out of the economy. >>> and, we move to real estate. how real is the recovery? ben bernanke set to speak about housing and mortgages in just a few minutes and what he says could move the markets. >>> but first, let's head out to chicago where sue can be found at a major investor summit in the windy city. sue? >> indeed, i am in the beautiful windy city, ty. this is the schwab impact conference. welcome to the biggest convention center in the united states and it is chock-full with some of the top investment advisors out there. we're going to be talking to a number of them. we have a terrific hour planned here from chicago. we're going to talk to the five-star rated portfolio fund manager of the permanent portfolio fund, michael kuggino. he has $17 billion under management. we'll find out how he sleeps at night in this volatile market. >>> plus, liz ann sonders, schwab's chief investment strategist is with us. she's f
hurricane sandy slammed into the east coast, president obama heads into the damaged zone for a second time. today he will visit staten island to evaluate recovery efforts there. it's his first visit to sandy's impact zone in about two weeks when the president toured parts of new jersey with governor chris christie. >>> and the president's visit comes as two of the biggest utility companies face investigation into how well they prepared and responded to superstorm sandy. con edison and long island power both received subpoenas yesterday requesting records on restoring power and communicating with customers. the storm left 2 million in new york in the dark for days. some still don't have their powerback. >>> one family found dozens of touching displays of love on the beach. the pack of love letters was soaking wet with had the family found them. after drying them out, they read the letters from a young woman to her boyfriend. >> i want to return them to whoever they belong to. they're so beautiful. she must have adored him. i love you, dear, and miss you very much. all my love always, dotty.
of the end of the show. coming up, superstore sandy knocked out the stock market for a few days. a top government regulator has a plan to make sure that never happens again. gerri: to tell us all about it. the president and democrats are not telling the full story on taxes. robert down the number they don't want to talk about. what makes the sleep number sre different you walk into a conventional mattress store, it's really not about you. we have so much technology in our store to rely show the customers what's going on with their bodies. you can see a little more pressure in the shoulders and in the hips. ... now you can feel what happens as we raise your sleep number settingnd allow the bed to contour to your individual shape. oh, wow. that feels really good. at sleep number we've created a collection of innovations dedicated to individualizing your comfort. the sleep number collection, designed around the innovative sleep number bed - a bed with dualair technology that allows you to adjust to the exact comfort your body needs. each of your bodies. so whatever you feel like, sleep nu
the next 30 minutes, where he will tour the damage done by superstorm sandy. he will be greeted by andrew cuomo and governor bloomberg. and there are two closed door meetings on the deadly attack on the u.s. consulate in benghazi. one is taking place with the house intelligence committee and the the other with the house foreign affairs committee. there are new developments on the david petraeus front. testimony from members of congress will be happening. the general is set to brief the house intelligence committee tomorrow and likely the senate intelligence committee as well. now the defense secretary leon panetta came out ordering an investigation of legal and ethical issues among military leaders. the president giving his first remarks yesterday on the scandal that prompted the president to resign. >> we're safer because of the work that dpaifd petraeus has done, and my main hope right now is that he and his family are able to move on. and that this ends up being a single side note on what has otherwise been an extraordinary career. >> the president also took leading republicans to task
to new time filers due to the effects of super storm sandy. >> the census bureau reported three tens of a drop last month. car dealers furniture electronics and hardware stores all saw a drop in business. subside we saw sales at grocery stores and gas stations out in the month of october. that is partly because of super storm sandy. >> three popular companies have been fined $20,000 apiece for not having the proper permits. would it included citations for not having enough service insurance. state regulators compared these companies to taxi services. even though people say they're simply helping people of cars can act in that neighborhood. they should in some money. lugar is also the target of a class action lawsuits from taxi drivers that say this service is taking away fares from law abiding licensed certified cabbies. from this is like a unregulated competition. >> it is 7:12 a.m. and we have to take a quick break. we come back we will talk to erika will break down the forecast for us. these are pictures from i believe capitol hill and we'll talk about the briefing of the attack o
was pouring out of the ruptured well. >>> president obama is seeing the aftermath of superstorm sandy firsthand today. he is touring the damage and checking in on the recovery efforts. shortly after the storm, new york city mayor michael bloomberg asked mr. obama not to come because the presidential visit would use up too many resources. well, now frustrated residents say they hope his visit will speed up the recovery process. more than two weeks later thousands are still without power and heat. 47,000 new yorkers have applied for housing help. >>> unemployment requests are at their highest level in 18 months. possibly due to superstorm sandy 439,000 people seeking help. people can claim unemployment if their workplace is closed and they don't get paid. >>> well, michelle, here's good news. drivers can expect a dip in prices at bay area gas stations in the next couple of weeks. aaa says the seasonal switch from the summer to winter blends helps drive down gas prices. drivers are paying an average $3.98 a gallon around the bay area. gasbuddy.com shows san mateo with the lowest price in
estragos que dejo la tormenta sandy aun estan a flor de piel.. tenemos un conmovedor caso a continuacion ... condiciones atmosfericas estables en el area metropolitana, enterese cuando se espera un leve ascenso en la temperatura, despues de la pausa... a dos semanas del paso de la tormenta sandy por nueva york... miles de neoyorquinos aun luchan con los estragos y la devastacion que les dejo el fenomeno... este es el caso de una familia latina que ha recurrido al facebook para obtener la ayuda que necesitan... alex roland nos dice mas. buenas tardes... las condiciones atmosfericas estaran estables los proximos dias. esperamos un leve ascenso en las marcas termicas a partir del viernes... y lluvias el domingo en horas de la noche... los dejo con el pronostico extendido.... gracias fanny... mas adelante nos hablaras de los grammy latino... asi que estaremos pendientes a eso... bueno hacemos una pausa y al regreso.. si ya hizo su lista de regalos de navidad... y es mas grande el listado de pedidos que su presupuesto... en instantes le decimos como hacer mas con a menos de dos semanas del d
the damage left behind by super storm sandy isn't stopping the efforts... to rebbild a portion of the ceann ccty boordwalk.according to the daily times of salisbbry... he project ssffered just a two--ay setback during the storm... bb completed in april.crews section f the boardwalk - flooddaters rom sandy never - reached the wooksite. p3&aaholiday tradition ntering right now in howard county. the poinsettia tree is bbing assembled at thh "mall in polumbia" joel d. smith is live there now to ind out what makes ttii so pecial to the people there, anddwhat kind of crazy done. ggod morning joel d.et d. 3 3 3 3&paanodd 20-year arrragg... .actress janeane garofolo didn't even eallze was legal... is now legally over. garooolo nd writer...producer rob cohen got married in las attorneyydiscovered he -ttt decades old nuptiaa was still p3a thankssiving feast... like other.the oregon grille jjins us live to taal about their holiday special this year. year.they''l also walk us through hhw to make a tasty pisque your guestssareesure to enjoy. you're watching fox 455good day baltimore. ((
benefits jumped to a one-and-a-half year high, surging 78,000, thanks to super- storm sandy. the total was 439,000. meantime, consumer inflation slowed to a one tenth of a percent increase, thanks to lower energy prices. without food and energy, core inflation was up two tenths of a perce.re wan troll s eet, the dow fell 28.5 points, the nasdaq was down almost ten, and the s&p 500 dropped two. if you want to know how the economy is faring, it pays to keep an eye on walmart. after all, it has over 10,000 stores across the globe, selling more than $1 billion worth of stuff every day. it earned $1.08 per share in the third quarter, a penny more than estimates, and up 11% from last year. but revenues were a little shy of forecast, and walmart's outlook for this quarter was less than anticipated. compare that to rival target's quarterly earnings-- four cents better than expectations at 81 cents a share and a holiday outlook that didn't disappoint. erika miller reports on what the results say about all-important the holiday season. >> reporter: $3.6 billion. that almost unthinkable number is
. >> thank you. >> its been over two weeks since sandy devastated states to the north. >> today the president heard pleas for help from people still in the dark, still without their homes and where more relief could be on the way. >> and mysterious objects over the mile high city. . >>> you won't believe it but this police officer survives this crash. the officer is walking back to his squad car when a truck driving by swerves and hits the cruiser parked on the side of the road. the officer managed to make it into his cruiser. amazingly only had a few strained muscles and bumps and bruises. police are investigating what caused the driver to crash. and a plane on the side of the road. it happened in california. a small plane had engine trouble so the pilot landed onto the highway. remember a couple years ago we had a traffic helicopter -- a traffic plane that landed on 795. the road stayed open afterred landing though traffic was slow. a safety inspector arrived the plane went back into the air. look at this. >> a mysterious object has been spotted over the skies of the mile
made the first trip to some of the hardest-hit areas in new york damaged by hurricane sandy. the new york mayor and new jersey governor toured parts of staten island, devastated by sandy. >> there is a lot of cleanup to do and people still need emergency help, they need heat and hower -- power, they need food and shelter, kids are still trying to figure out why where they going to school. >> the president also looked at the queens area. >>> the national research council found the nation's grid is spread out across hundreds of miles. many key pieces of equipment are unguarded or so old, they lack the sensors to limit the outages. the the portion of the report are given to the department of homeland security. >>> the largest criminal penaltiy in u.s. district. bp agreed to pay $4 billion to the u.s. government over the next five years. and the record settlement in the gulf, bp agreed to a five- year probation term. two bp employees face manslaughter charges in connection to the deaths of 11 people who were killed when the oil rig exploded triggers the massive spill. >>> straight ahead
struggling to recover after a storm sandy. he went to new york for the first time with the devastation and that with families, officials, and first responders. it has been 2.5 years since an explosion on an oil rig in the gulf of mexico killed 11 people and unleashed a massive spill. bp has agreed to pay $4.5 billion and will plead guilty to criminal charges. the announcement was made by the u.s. attorney general who traveled to new orleans for the event. >> already, this oil spill is the worst environmental disaster america has ever faced. >> many people are dead, millions of gallons of oil continued to spew into the gulf. >> it is 2.5 years since the deepwater horizon will real -- will break exploded -- oil rig exploded. bp reached a settlement with the u.s. government. they have pleaded guilty to 14 criminal charges, 11 of them for misconduct. the company will pay a total of $4.5 billion in fines and compensation. two bp employees have also been charged with manslaughter. the american government says bp failed to take adequate precautions and when not rule out further efforts to see
. >>> president obama heads to new york today to tour hurricane sandy damage meeting with local officials, first responders, fema staff and families recovering. he was in new jersey before the election last week. parts of new york and new jersey still don't have power. >>> top fbi and cia officials will be back on capitol hill this morning to discuss their investigation into former cia director david petraeus. petraeus stepped down last week after admitting to an extramarital affair with biographer paula broadwell, the affair was discovered during an fbi investigation of harassing e-mails sent by broadwell to jill kelley, whom she saw as a rival, broadwell's security clearance has been revoked with kelley's access to macdill air force base in tampa petraeus is set to testify tomorrow morning on the u.s. consulate attack in libya. breaking news, defense secretary panetta is ordering reviews of ethics training for military officers. >>> 6:37. traffic and weather together,j1m next. live look outside, we see the san mateo bridge, we see the low clouds around it, meteorologist mike nicco says rain is
and increase in jobless filing last week, some economists blame hurricane sandy, lawmakers look to lower the fiscal cliff the economy is approaching if they don't reach a deal on reducing the deficit. house democratic leader nancy pelosi urged extending middle class tax cut. >> we must not hold middle class tax cuts hostage to wealthiest americans. >> republicans know if they don't the democrats will let the upper income tax cuts expire, which they say will hurt job creation. day after the first news conference in more than half a year and the first after the re-election, newspaper seized on the president's suggestion he might not demand the top income tax rate return to what it was under bill clinton. aides with him for the second tour of damage from hurricane sandy suggested mr. obama's demand is for a sure source of re-knew, leaving negotiators to decide how much the re-knew is. >> what i will not do is to have a process that is vague, that says we're going to sort of, kind of raise revenue through dynamic scoring. or closing loopholes that have not been identified. >> on this day, ho
power companies are under investigation for how they responded to superstorm sandy. con edison and long island power received subpoenas yesterday. yesterday requesting records on restoring power and communicating with customers. the storm left 2 million in new york in the dark for days. >>> it is unclear why a man pulled a began on a sheriff's deputy. he was trying to serve a peace order, similar to a protective order. a woman answered the door, let the deputy in. then a man came out from another room with a gun. the deputy fired his weapon, killing the man. neighbors were surprised to hear the deadly shooting in that home. >> what really happened, i don't know. but still. somebody in our neighborhood is dead don't because of something. and it's so not good. >> the sheriff's deputy is on administrative leave which is standard procedure during an investigation like this. >>> police need your help identifying the man in these surveillance pictures. he robbed a walmart on route 198 and shot a store manager. the manager followed the gunman outside to the parking lot. rescuers took him to th
slid 0.3% in october, more than expected, and the first decline in three months. hurricane sandy was behind at least some of the sales decline. but there are fresh worries today about the underlying strength of the american consumer. suzanne pratt reports. >> reporter: hurricane sandy is going to get blamed a lot in the coming weeks for soft economic data. and, rightfully so. after all the superstorm paralyzed a good chunk of the northeast for at least a week. that meant, no shopping, no eating out, and no filling up the tank. >> clearly, the retail sales data were weak and they were weak across a lot of categories. the commerce dept did talk about the affects on hurricane sandy on the numbers. but, it's hard to quantify. >> reporter: the question is whether that consumer paalysis will continue into the all important holiday retail season. many economists say that really depends on whether americans feel secure in the their jobs. here's the good news: there has recently been some improvement on the labor front. on top of that, many shoppers are finding their wallets are thicker n
sandy. . >>> oakland merchants rolled out the red carpet for shoppers in their annual kickoff to the holiday season. > >> piedmont and 41st street dozens of merchants from 40 neighborhood shopping districts turned up, hoping to lure holiday shoppers to oakland. the mayor made a personal plea for people to check out oakland and spend their holiday dollars >> when you buy in oakland, you are investing in the city. this is a city that has done a good job investing. >> reporter: the mayor encouraged shoppers to buy gift cards, that can be spent at 50 independent shops and restaurants in oakland. >> people who burn the midnight hill could be putting themselves attrist be, not just because of lack of sleep. chronic explore sure to artificial light lead to depression in animals. scientists claim a stress hormone triggered by long-term use of lamps, computers on even i pads or other tablets. >>> members of congress heard testimony about the deadly outbreak of fungal menengitis. among those, the president of the company that produced the contaminated shots and the widow of a victim --
documents related to sandy related prep and procedure from both con-edison and long island power authority. >>> the fda says over the past four years five-hour energy shots have been cited in the deaths of 13 people. this after last month's news tying monster energy drinks to five fatalities. >>> pizza chain poppa johns is under fire after allegedly sending hundreds of thousands of unsolicited text messages to his customers. plaintiffs are seeking $250 million in a class action lawsuit. >>> say it isn't so. twinkies gone by thanksgiving? what would a girl do? hostesses ses it is striking workers don't return to the job by the end of the day, i will will be forced to liquidate. >>> after years in the making, some kansas city folks are being the first ones in the world to test drive google's new super fast broadband service. >>> the 2014 winter games are still more than a year away. folks in moscow are already getting their hands on the official merchandise. >>> and could big pharma have something in the pipeline to keep men from cheating? that's right. a small new study found men in relatio
was the hardest hit borough in the city after hurricane sandy. michael bloomberg had turned him away initially. >>> swallow falls remains closed. the. a total of 11 state parks are closed in the aftermath of sandy. >>> it is 4:34. here's a look at some other things making news. china has a new leader. the state news agency made the announcement this morning. she is the son of a party elder and has been china's vice president for the past five years. as the head of the communist party, he'll lead the second economic power [ inaudible ] israel says the attack in response to a rocket attack from militants into israel. leaders say the air strikes are the beginning of a much broader operation against hamas. palestinian leaders have asked the united nations to take steps to stop israel's military operation. u.n. observer in the territory says israel is guilty of war crimes against the palestinian people. >>> some california drivers in sacramento witnessed a small plane make an emergency landing right on a highway median yesterday morning. the pilot was testing a new engine when it lost power at abou
firsthand the aftermath of hurricane sandy. thousands of customers are still without power more than two weeks later. >> our hearts go out to them. >>> and the president is keeping a watchful eye on the growing tension and violence in the middle east. israeli forces killed the top hamas leader yesterday in this attack. and they are bounding gaza again today. >> abc's alex marquardt is live in jerusalem with the breaking developments. alex? >> reporter: good morning, rob and paula. that's right. the israeli air strikes in the retaliatory palestinian rocket attacks have continued overnight into this morning. israel says it has carried out over 100 attacks on targets in the gaza strip. not just on individuals, like ahmad jabari, who was killed yesterday. but on rocket sites, including on the long-rage rockets that are iranian-made. they have a range of about 50 miles. in response, hamas and palestinian militant groups have targeted southern israel with rockets. four israelis have been killed in the southern area around the gaza strip. at least 12 palestinians have been killed, according to
in new york city in about an hour and a half to tour the devastation left by hurricane sandy. then tomorrow he sits down with congressional leaders from both sides to discuss ways to avoid going over the fiscal cliff. charlie and norah? >> nancy cordes, thank you. cbs political director john dick erson is here with me. >> it's good to be in washington. >> you've reversed roles here. you're here and norah is in new york. mindful of second-term presidents who overreach. there was a part of it that was restrained yesterday. the part that wasn't was when he took a whack at senators mccain and graham. that stood out in part in contrast to the other reserved approach he took to taxes, even saying he was being self reflective about dealing with congress, on the one hand, being self reflective about dealing with congress on the other hand he was so strong with mccain and graham. mccain and graham are taking a political shot at the president by picking on susan rice. if they want to pick on anyone, they should pick on him or the intelligence chiefs who gave her the intelligence that s
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